Gorokan VS Kanwal VS Hamlyn Terrace VS Woongarrah | August 28th, 2025
Gorokan vs. Kanwal
While both suburbs exhibit strong buyer demand and low days on market, Kanwal's property metrics suggest a more competitive market. Its median price growth of 7.60% significantly outpaces Gorokan's 4.70%, suggesting it's experiencing a more rapid capital appreciation phase. The extreme buyer interest in Kanwal (66.55 buyers per house) reflects this, making it a highly competitive market for those looking to buy. Gorokan, while still hot, offers a slightly more accessible entry point with a lower median price and strong, consistent performance.
Woongarrah vs. Hamlyn Terrace
Woongarrah and Hamlyn Terrace represent the higher end of the market in this comparison, both with median prices over $900,000. Woongarrah has a higher median price and a significant majority of owner-occupied dwellings (78%), indicating it's a popular choice for families and long-term residents. Hamlyn Terrace, on the other hand, shows a much higher level of renter demand with 30.34 interested renters per available house, compared to Woongarrah's 17.74. This makes Hamlyn Terrace particularly attractive for investors seeking strong rental yields and consistent rental income.
Overall Central Coast Market Comparison
This data highlights the diverse nature of the Central Coast market. While all four suburbs demonstrate robust demand and low selling times, their individual characteristics cater to different buyer profiles. Kanwal is a standout for investors seeking high growth, while Woongarrah is the top pick for affluent owner-occupiers. Gorokan offers a more affordable entry into a high-demand market, and Hamlyn Terrace shines as a highly sought-after rental investment hub.